535 N Grant StSalt Lake CityUT84116
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Salt Lake City at 535 N Grant St, Salt Lake City, UT, 84116 at $1,250,000 posts ROI 3.76% with from $1,720/mo rent. Total monthly income equals $1,720/mo. Return on cash invested measures 3.76% and rental yield reads 1.65% at the current $1,250,000. Equity gained on principal adds $8,066/yr, and 5% annual appreciation supports $345,352 by year five. Five-year ROI prints 15.7% and total cumulative return in cash totals $63,577. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,720/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1963
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84116, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,130 (100%) |
| Owner Occupied HU | 5,784 (40.9%) |
| Renter Occupied HU | 7,445 (52.7%) |
| Vacant Housing Units | 901 ( 6.4%) |
| Median Home Value | $441,716 |
| Average Home Value | $517,399 |
Housing Distribution
Address Breakdown
Residential
12,518
Single Family
9,353
Multi-Family
3,165
Businesses
888
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Listed by: Damon T Bocchino • Intermountain Realty Inc.
Mls Name: UtahRealEstate.com
Mls ID: #2098652